Newsletter

This document is intended for information and marketing purposes only. The information it contains does not constitute an individual recommendation, an offer, a solicitation to issue an order to purchase or sell securities or other investments, or legal, tax or any other form of advice. Any statements and forecasts included in this document are purely indicative and are subject to change at any time without prior notice. Bank CIC (Switzerland) Ltd. makes no warranty as to the completeness, reliability, accuracy and timeliness of the information contained in this document. Forward-looking statements and forecasts are based on current assumptions and assessments and therefore do not constitute reliable indicators of future performance. The bank assumes no liability whatsoever for damages that could arise in conjunction with the use of the information contained in this document. This document is not the result of financial analysis and is consequently not required to comply with the statutory regulations concerning the independence of financial analyses. The dispatch, import or distribution of this document and copies thereof to the United States or to US persons (as defined in Regulation S of the US Securities Act of 1933, as amended) is not permitted. This also applies to other jurisdictions that consider such actions as a violation of their applicable laws.